Fazaia Housing Scheme fraud case: NAB arrests two accused

KARACHI (92 News) – Following to the complaint against Fazaia Housing Scheme fraud case, the National Accountability Bureau (NAB) team on Saturday raided the marketing office of the scheme and arrested two accused. According to the reports, the anti-graft watchdog body arrested two accused Chaudhry Tanveer and his son Bilal. The team of anti-graft watchdog which raided at the marketing office of Fazaia housing scheme also seized important record. The investigation has been initiated over the complaints of the affecttees, which are more than 6,000 in numbers, said NAB officials and added that Rs13 billion were invested in the scheme. It was further told that the NAB Karachi has been tasked by NAB Chairman Justice (rtd) Javed Iqbal to complete the inquiry into the matter with immediate effect. It is worthwhile mentioning here that, the NAB chairman was requested to initiate a fresh inquiry against the Fazaia Housing Scheme Karachi and others. A huge number of affectees had invested a [huge] amount of Rs13 billion. Javed Iqbal had been requested to initiate the fresh inquiry on allegation of cheating over 6,000 people. On November 30, dozens of people, including women and children, had staged a protest demonstration at the Fazaia Housing Scheme office in Karachi for the recovery of their amount.